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Structural Transformation and Labor Market Performance in Ghana

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  • Mpumelelo Nxumalo
  • Dhushyanth Raju

Abstract

The brief summarizes findings from the research study ""Structural Transformation and Labor Market Performance in Ghana."" Structural transformation refers to the reallocation of economic activity between agriculture, industry and services, which occurs with modern economic growth and development. Such structural transformation can spur economic growth and development if it increases overall productivity growth, as occurred with the onset of the Industrial Revolution, or as part of the ""East Asian Miracle."" A labor market environment that enables workers and enterprises to transition smoothly across sectors, and into more productive economic pursuits can enhance the effect of structural transformation on economic growth. The study describes the main features of Ghana’s structural transformation, its labor market, and the interrelationship between the two based on a range of data sources. These sources include published aggregate statistics, and household and enterprise surveys. Based on an analysis of these data and a synthesis of findings from available research, the study discusses policy considerations and options for Ghana to stimulate a form of structural transformation which could generate more gainful, productive and inclusive employment.
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Suggested Citation

  • Mpumelelo Nxumalo & Dhushyanth Raju, 2020. "Structural Transformation and Labor Market Performance in Ghana," World Bank Publications - Reports 34849, The World Bank Group.
    • Handle: RePEc:wbk:wboper:34849
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    References listed on IDEAS

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    3. Saumik Paul & Dhushyanth Raju, 2024. "Mining spillovers and the formal-informal duality in manufacturing and services," WIDER Working Paper Series wp-2024-6, World Institute for Development Economic Research (UNU-WIDER).

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